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AB to invest up to $80 million in Mo. subsidiary

AB to invest up to $80 million in Mo. subsidiary

February 14th, 2012 in News

ST. LOUIS (AP) - Anheuser-Busch says it will invest between $70 million and $80 million to increase production capacity at its Metal Container Corp. subsidy in the St. Louis suburb of Arnold.

The Jefferson County facility produces aluminum cans for Anheuser-Busch and soda makers. Anheuser-Busch says the expansion should be complete next year and will help Metal Container Corp. maintain the more than 100 workers at the plant.

The maker of beers such as Budweiser, Bud Light and Michelob says the expansion is made possible through a property tax abatement program in collaboration with the city and county.

In October, Anheuser-Busch announced plans to invest $1 billion in facilities across the country over the next three years.